Block Earner doesn’t need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million.